Nuveen renames CLO and upsizes by $170 million following reset
Nuveen Asset Management has reset one of its 2017-vintage CLOs via Wells Fargo, upsizing the deal by $170 million in the process

2021 US new issue CLO volume reach $8.6bn after ICG prices
Intermediate Capital Group teamed up with Barclays on Friday to price a $407.5 million CLO named ICG US CLO 2021-1. The deal brings new issue volume in the US market for January to $8.57 billion

CLO pipeline: OFS to make comeback as 2020 absentees eye new issues
As liability spreads tighten day by day, the CLO pipeline is filling fast. 2020 absentees are joining the parade as four US managers and three European managers aim to return to the new issue market after taking a break of 12 months or longer

Eaton Vance resets debut 2.0 CLO for a second time
Eaton Vance has reset its debut 2.0 CLO from 2013 for a second time, renewing the deal named Eaton Vance CLO 2013-1

KKR prices three-year reinvestment CLO via BNP Paribas
KKR Credit teamed up with BNP Paribas on Thursday to print a $402.3 million three-year reinvestment CLO named KKR 29

Partners teams up with Barclays for first time on new five-year CLO
Partners Group priced its seventh US CLO on Tuesday, and its first one globally to be arranged by Barclays

CSAM prices benchmark three-year CLO in largest deal for almost two years
Credit Suisse Asset Management has priced the largest US new issue in almost two years, with the Madison Park Funding XLVIII CLO coming on Friday at roughly $850 million

Three transactions take 2021 CLO refi volumes over $3.5 billion
Another three CLO refinancing transactions priced in the US on Friday, bringing the total volume across refis, resets and reissues in 2021 up to $3.58 billion

Beneath the triple C: 13 CLO loans take a dive but defaults subside to a ripple
22 corporate debt issuers were downgraded to triple C or below in November and December by Moody’s or S&P, out of which 13 can be found in CLO portfolios  – hurting $4.55 billion of US CLO loans, €1.87 billion of European CLO portfolios and almost $80 million of middle market CLOs loans, according to CLO-i

Palmer Square sets tight print with first new issue CLO of 2021
Palmer Square Capital Management has priced the first new CLO of 2021, teaming up with Citi to issue the $401.6 million static transaction named Palmer Square Loan Funding 2021-1

CIFC prints tightest five-year CLO post-covid by big margin
CIFC Asset Management priced its first five-year reinvestment CLO post-covid on Friday, scoring the tightest print by far among similar duration deals

Octagon secures second-tightest funding costs for a three-year CLO
Octagon Credit Investors priced the second-tightest three-year reinvestment CLO post-covid on Friday, teaming with Goldman Sachs on the $481.29 million deal named Octagon Investment Partners CLO 49

Nuveen hits US market tights with CLO and takes 2020 volume to $1.2 billion
Nuveen has priced the third US CLO on its Symphony platform of 2020, bringing its volume for the year to $1.22 billion

Allstate rides US CLO rally with super-tight new issue
Allstate Investment Management Company has printed a new CLO named AIMCO CLO 12 as liability tranches continue to rally

Global b-wic round-up: Europe drifts wider
The CLO secondary market had a robust week with $860 million of US CLO paper and €315 million worth of European CLO bonds listed. But spreads widened off the back of concerns over lockdowns across the globe, the increased risk of downgrades and tomorrow’s US presidential election

CLO rally keeps primary market flowing for most prolific issuers
The rally in CLO liabilities in September has given fresh impetus to the primary CLO market, which has benefitted from almost six months of favourable market dynamics

Natixis adds to CLO refi resurgence as it cuts funding costs for TCW
Natixis has priced the second CLO refinancing amid the coronavirus pandemic, bucking the trend by helping managers lower their funding costs despite the wider spread environment

LP round up: horseshoe does the trick for Pimco and other distressed managers
Institutional investors poured $2.7 billion into credit this week through 14 managers, according to board documentation seen by Creditflux

Global CLO b-wic round-up: secondary prices reach March levels
The Memorial Day bank holiday in the US and the late May bank holiday in the UK meant a short week for CLO trading, but that did not stop a good supply of US CLO triple A rated paper making its way to the secondary market

European investors eye 180bp pick-up on triple B CLOs traded in April
A b-wic consisting of mostly European triple B CLOs that traded in late April is on offer at 9.30am New York time tomorrow, according to market sources, as data shows spreads for the rating band averaging 546 basis points over Euribor as of 27 May

Post-sell-off US CLO volumes on track to pass $9 billion as Sound Point markets deal
US CLO volumes since the pandemic outbreak are on track to pass $9 billion as Sound Point Capital Management markets its first new issue since December

Barings and pension fund join forces to issue US CLO
A joint venture between Barings' business development company and South Carolina Retirement Systems, known as Jocassee Partners, has priced a $335.53 million CLO via Citi

Redding Ridge and Palmer Square climb to top of US new issue CLO league tables
Redding Ridge Asset Management and Palmer Square Capital Management have climbed to first and second position in the 2020 new issue US CLO league tables after each pricing new deals

Ares sets CLO triple A benchmark with senior notes at 170bp
Ares Management has priced a new three-year reinvestment US CLO at the tight end of price guidance, setting new benchmark levels in the process

Mid market CLOs open for business as Owl Rock prices first new issue after covid-19 shock
The primary market for CLOs backed by loans to middle market companies is open for business with Owl Rock Capital today pricing the first new issue mid market deal following the coronavirus outbreak